Explain the resource-based view and vrio approach, Operation Management

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Explain the resource-based view and vrio approach

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Q: The I/O perspective and Porter's Five Forces state that the external industrial conditions are the most important factors in sustaining a competitive advantage. The Resource-Based View and VRIO approach states that the internal resources and competencies are the most important competitive factors. In your opinion, which view is correct?

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Operation Management: Explain the resource-based view and vrio approach

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Operation Management: Explain the resource-based view and vrio approach

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